BHP suspending Western Australia nickel operations

11th Jul 2024 11:29

(Sharecast News) - BHP announced the suspension of its Nickel West operations and the West Musgrave project in Western Australia on Thursday, starting from October.

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BHP urges Anglo American to extend offer deadline

29th May 2024 07:28

(Sharecast News) - Mining titan BHP has requested that Anglo American extend its 'put up or shut up' deadline so that the two can continue discussions around a potential £39bn takeover of the latter.

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Diamond sales lose shine at De Beers

23rd May 2024 10:39

(Sharecast News) - Rough diamond sales at De Beers fell in recent weeks, Anglo American said on Thursday, on the back of subdued demand.

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Anglo investor calls for 'meaningful' changes to BHP bid

22nd May 2024 12:19

(Sharecast News) - A leading shareholder in Anglo American said on Wednesday that BHP Group's blockbuster £34bn takeover offer required "meaningful revision".

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BHP offers $25.7bn settlement for Brazil dam disaster

29th Apr 2024 14:27

(Sharecast News) - Mining giant BHP and its Brazilian joint venture partner have submitted a $25.7bn (£20.5bn) settlement for the collapse of a tailings dam in 2015 that killed 19 people and devastated the local community.

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Anglo-American rejects £31bn BHP offer

26th Apr 2024 07:04

(Sharecast News) - Anglo American on Friday rejected an "opportunistic" £31bn bid from rival miner BHP, saying it significantly undervalued the company.

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London close: Stocks finish mixed as US GDP growth slows

25th Apr 2024 15:14

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.

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London close: Stocks finish lower on fresh China concerns

20th Feb 2024 15:29

(Sharecast News) - London's stock markets closed in negative territory on Tuesday, with concerns over China's economic prospects exerting pressure on mining shares.

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London midday: Stocks mixed after China makes bigger rate cut

20th Feb 2024 11:20

(Sharecast News) - London's stocks were in a mixed state at midday on Tuesday, as concerns around China's economic outlook continued to weigh on mining stocks.

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BHP readies £5.3bn for exceptional items in H1

15th Feb 2024 09:19

(Sharecast News) - Mining group BHP said on Thursday that it will be hit with two first-half exceptional items totalling £5.3bn.

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BHP reshuffles boardroom in major shake-up

7th Dec 2023 07:12

(Sharecast News) - Mining giant BHP Group has announced a major executive leadership team reshuffle, with four people stepping into new roles, including its chief financial officer (CFO).

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BHP to sell two Queensland coal mines for over $4bn

18th Oct 2023 07:47

(Sharecast News) - Commodities titan BHP is to sell two of its co-owned Queensland coal mines to Australian mining group Whitehaven Coal for $4.1bn.

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JP Morgan lifts targets for iron ore miners, upgrades Rio Tinto

14th Sep 2023 08:05

(Sharecast News) - JP Morgan has upgraded its rating for Rio Tinto and raised target prices across the iron ore sector after turning more positive on the outlook for iron ore prices.

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Director dealings: IQGeo director linked to purchase, BHP CEO covers tax bill

29th Aug 2023 14:41

(Sharecast News) - IQGeo Group was on the list of director buys on Tuesday, after it received notification on 26 August from Kestrel Partners that, on 25 August, it purchased on behalf of its discretionary clients an aggregate of 59,950 ordinary shares at an average price of 298p per share.

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BHP describes resilient operations as profits slip

22nd Aug 2023 08:48

(Sharecast News) - Australian mining giant BHP Group reported a decrease in a number of key financial metrics in its full-year results on Tuesday, while noting resilient operational performance in the face of challenging market conditions.

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